Two Hundred Club of Essex County

Analysis

Two Hundred Club of Essex County is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in January 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Two Hundred Club of Essex County reported income of $126k and spending of $109k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $126k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Two Hundred Club of Essex County sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Helps Ministries Inc ($126k), St Alexis Hospital ($126k) and Cecil J S Maclaughlin Trust Fbo Ruth Chu Bank of America Ttee ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 33% of the total. Other salaries and wages came to $35k. At year end it held assets of $802k against liabilities of $6,946, net assets of $795k. It reported 1 employees.